India’s leading Mobile service provider Reliance Communications (Rcom) is all set to offer FREE (at zero upfront cost) 16GB iPhone 5c and iPhone 5s with fixed monthly payment of Rs.2500 and Rs.2800 up to 2 years.

According to Hindu Business-line Report, Reliance will offer unlimited voice calls, SMS and 3G data (we expect these all will be with FUP) for a fixed monthly charges between Rs.2500 and Rs.2800 up to 2 years. The iPhone5S and iPhone5C subscriber will be locked in to RCom’s network under a two-year contract.

RCom – iPhone offer will be available to credit card users only with its offer partner banks, including ICICI Bank and HDFC Bank due to safety reasons.

RCom spokesperson officially declined to comment on this offer, but sources said the Reliance and Apple will jointly announce the offer today evening.

With this scheme, the 16 GB iPhone 5c, priced without any subsidy at Rs. 41,900, will be available for a monthly fixed charges of Rs 2500 while the 5s, priced at Rs 53,500, will be available at approx fixed monthly charges of Rs 2800 per month.

The 32GB version of iPhone5S will come with an upfront charges of Rs 10000 in additional of monthly contract pricing. The 64GB model which costs at.Rs 71,500 without the offer, will be available with 2 year contract scheme for an upfront fee of Rs 18,000 plus monthly charges with Freebies of Call, SMS and 3G data usage.

It is the start of a revolution – high end phones available on contract like in US

Look at it from corporates’ / small businesses’ point of view – the on contract payouts become business expense (tax deductible) rather than an asset getting carried in books for longer time. This is another reason why I would call as start of a revolution

@Tharun George
+1
If the claculations are done then 2,500*24=60,000.This is the amount which we will be paying rcom for the iphone 5C on contract whereas without contract the device is is available for 40,000.So we end up paying 60,000-40,000=20,000 to rcom for 2 years which mean approx 833rs per month.plus the offer is only available for credit card holders

But dear, they are also offering unlimited Voice calls and Unlimited Texts throughout those 2 year contract, so in case you pays out a monthly billing of Rs. 1000 that would cost you 1000X24 = 24,000, so paying Rs. 20,000 as Interest would have a net profit of Rs. 4000/-.

This is the ridiculous offer by reliance, because this is india not america and in india everyone knows the ability of indian operators and not a single operator is exception to this. The indian peoples are expecting 100 rs./1 Gb 3G data. So those who can buy this 50K iPhone will even deny this offer. I think this offer is for only corporate peoples. Others will only prefer contract less iPhone. This is my view.

This will be the first time that Apple is partnering with an Indian telco officially, and since the models being launched support Indian LTE bands I wouldn’t be surprised if Reliance Jio were to partner with reliance communications to offer nation wide lte coverage on this phone. Though only 1 to 2% of the Elite cream of society will go for this offer, I would much rather call for a Nexus 5 from USA for 249$ and use it unlocked. Google is launching the phone in India with a price tag of 29k.